GDP growth hits decade low of 5%

Pulled down by poor performance of farm, manufacturing and mining sectors, economic growth slowed to 4.8 percent in the January-March quarter and fell to a decade`s low of 5 percent for the entire 2012-13 fiscal. The economic growth or gross domestic product (GDP) had expanded by 5.1 percent in January-March quarter of last fiscal. Economy had grown at 4 percent in 2002-03.

May 31, 2013, 12:50 PM IST